$LDO has seen a -6.23% decline in the last 24 hours, currently testing the lower Bollinger Band at $0.7549, indicating potential oversold conditions. Support is reinforced at $0.746, while resistance lies at $0.828. With volatility appearing to be contracting, traders may want to adopt a conservative approach. A stop-loss could be set just below $0.746 to manage risk. Given the current price action, it's advisable to wait for a confirmation of a bounce from support before considering any buy positions. Set alerts around key levels for timely actions.
